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years after the signs in cairo they look the same. mohamed morsi moves for absolute power sparking violent clashes in the streets between his supporters and opponents. but first, it is time to check stocks as would every 15 minutes, let's head to the floor of the new york stock exchange. nicole, the market is down and out on the fiscal cliff. i'm afraid. nicole: there's a lot going on on wall street. selling across the board, down 72-point at the lowest .12900, so about 40 points off of the earlier lows, however we are seeing selling from sector to sector with its banks or drugs or retail. the areas that have been pretty good our technology, semi conductors holding on, utilities giving it a go after selling off on concerns of the fiscal cliff of his utilities is a group that paid high dividends and that would be taxed heavily, however they are also viewed as a safe haven, that is why you see investments they are. after a winning week last week. the dow component mcdonald's downgraded today to neutral from a buy. mcdonald's selling off, and those are some of the top stories on wall
to work in protest with mohamed morsi's degree. president obama will hhve a sitdown with crummy tomorrow. their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous. melissa: in the summer knight capital was fighting for it survival after aaron's trading wiped out money from the balance sheet. but they find themselves in the middle of a bidding war as high frequency trading outfit tries to outbid their arrival. who has the advantage? which has the advantage. >> we report, you decide. i will lay ouu a couple of things. convincing the board to accept an all cash. from $3 plus. we don't know what the plus is, that could be a big thing. they're looking to do this b
. protesters in egypt right now opposed to president mohamed morsi making their voices heard. we will have a live report from cairo. dennis: we will take a look at oil. we are live at the cme next. cheryl: time to make some money, the dish on fish, what you need to know. charles: the broad market is moving sideways, special dividends to get ahead of higher capital gains. these are absolutely on fire. these are companies like dell web, i saw a long time ago. we have pharmaceuticals, special dividends of 8%, nasdaq holdings, stock up 26%. the big name in the mix is a dish, you have a company that is doing extraordinarily well sitting on $3 billion in cash. and supporting john mccain, and right meaning companies. 42% of the quote. it is a $5 dividend and that would be a $5 dividend announced right now. if it was the $1 special dividend he would save $47 billion and the enticement for dealing in large shares of companies and a lot of people like doing it. and this may be one of them. so people on the street looking at something that might be up, a double digit move. cheryl: obviously it is goo
that president mohammed morsi rescind decrease that they he will feel grant him absolute power. we have john bolton, former u.s. am was door to the united nations. what does this picture tell what you is really going on and what will happen in the future here? >> honestly i don't think it tells us all that much. i think it shows there is opposition to what morsi is trying to do. he perhaps didn't anticipate the extent of it and perhaps he did and has a fall back position ready. just as the demonstrations in tahrir square two years ago did not bring democracy neither are these, to egypt. melissa: do you think it make him change his plans at all and recheck what he is doing even if his motivation is not changed? >> i think he has a fallback position he is prepared to accept even though we haven't seen it so far. the real power broker remains the military. there is every possibility that the morsi and military could find away of living together. demonstrators who are upset what morsi has done are the same demonstrators upset by mubarak. melissa: are you surprised or does it tell you anything th
the attack. pictures from egypt as opponents of president mohammed morsi continue to clash. they are railing against morsi that gives them absolute power. one person was killed after inhaling teal -- tear gas. it was quite a scene at the empire state building. the light feature more than 16 million colors. those are your news headlines on fox business network. back to connell. connell: thank you very much. it is not to jamie dimon and idea that he may be the next treasury secretary. that is well warren buffett seems to be hoping for. here is a quote from buffett. if we did run into problems and markets, i think, he would actually be the best person you could have in the job. world leaders would have confidence in him. i do not think anyone asked me about this. i think it is highly unlikely. what do you think? >> i think warren buffet is truly one of the great minds of our century. he is a wonderful god. i think he kind of drove the republicans crazy with the buffett tax on millionaires. i think this would drive most democrats crazy. i do not think it would have been. connell: i am just talki
of the leverage to pressure egypt is behaving responsibly, making sure president mohamed morsi and the brought muslim brotherhood don't use this as an excuse to break the treaty with israel, which is a real risk. the muslim brotherhood is pushing for it. using our military aid commission egyptian military is doing it job preventing the flow of long-range rockets into gaza. there's a hope for peace i in te region, was built to fight a terrorist organization was able to procure long-range rockets over the past four years and not just due to the muslim brotherhood. cheryl: the israelis are not backing down yet. thank you very much for the perspective, appreciate it. >> thank you for having me. dennis: tuft twinkies. posted in court trying to win approval to liquidate, striking baker's say a buyer could emerge to give them back their jobs. real possibility or state of denial? cheryl: homebuilding confidence of the best levels since may of 2006. you can profit from it, coming up. dennis: and a look at some of the winners on the s&p. nicole: i'm nicole petallides live on the floor of the new york st
a recent decree by president mohamed morsi granting himself near absolute power in that country. managing director joins me now. obviously the impact now of the market here in the oil market in particular is what is each of the false into civil war. what happens to oil them. >> you have to look at the suez canal, therefore the price of oil. they do have a history of the army stepping in to maintain this. order in a situation like "the trade" time, what we have now is a different type of egypt. we had a guest on yesterday telling us the muslim brotherhood and hamas are the same thing. a terrorist organization in the minds of u.s. officials. >> there's a segment of it that is in another segment that is more modern wanting to rule with sharia law. it does not hit the city of military activities hit the muslim brotherhood and of itself is fighting amongst itself in addition the secularist. this is an evolving situation that will take several years to work out. they want to become a revolutionary anti-american, so the threat is there another more to keep prices up. you can't jump to the conclu
on a new constitution today despite the power grab by president mohamed morsi. parliament members voted earlier to keep sharia law as the main sport of legislation there. how about the lucky folks who struck it really big? only two tickets matched the powerball tickets last night. the prize is $579.9 million with $379.8 million cash option which to me is like 380 million anyway. melissa: i had one number. lori: i am rich in great colleagues. employees of knight capital say an eerie silence have descended over the company with competing bid for the trading outfit. charlie gasparino with latest on the future of knight capital. >> if i won, guess it would not be making this call to break the news. no, i did not win. i do not gamble. here's the thing, what is kind of interesting is we have not yet gotten sort of a pressure release by virtue of what is offered. i have a lot of calls, it is owned by viola, former nymex ceo. that is kind of weird. another preservation's last night, another discussed terms, but you generally get a press release or official bid. we don't have that yet, so we are
Search Results 0 to 7 of about 8